Insurer Reimbursement Amount definition

Insurer Reimbursement Amount. As of any Distribution Date, the sum of (x)(i) all Insured Payments and Avoided Payments paid by the Class A Certificate Insurer, but for which the Class A Certificate Insurer has not been reimbursed prior to such Distribution Date, plus (ii) interest accrued on such Insured Payments and Avoided Payments not previously paid calculated at the Late Payment Rate, from the date the Class A Certificate Insurer paid the related Insured Payments or Avoided Payments to the Securities Administrator or (in the case of Avoided Payments) other authorized recipient, and (y) without duplication, (i) any amounts then due and owing to the Class A Certificate Insurer under the Insurance Agreement or this Agreement but for which the Class A Certificate Insurer has not been paid or reimbursed prior to such Distribution Date, plus (ii) interest on such amounts at the Late Payment Rate.
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Insurer Reimbursement Amount. The sum of (a) the aggregate unreimbursed amount of any payments made by the Insurer under the Policy, together with interest on such amount from the date of payment by the Insurer until paid in full at the Late Payment Rate (as defined in the Insurance Agreement) and (b) any other amounts owed to the Insurer under the Class I-A Insurance Agreement or pursuant to Section 3.03.
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Insurer Reimbursement Amount means, as of any Payment Date, the sum of (i) all amounts previously paid by the Insurer under the Insurance Policy which have not previously been reimbursed and (ii) all other amounts due to the Insurer under the Insurance Agreement, other than the Policy Premiums.
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Examples of Insurer Reimbursement Amount in a sentence

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  • Whether interest payments on the SRS Balance reduce the related Certificate Insurer Reimbursement Amount dollar for dollar.

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  • We explore the possibility of a renal fractionation [3] involving Ca-binding proteins that might explain the difference between the Ca isotope ratios of blood and urine.

  • Whether principal payments on the SRS Balance reduce the outstanding Certificate Insurer Reimbursement Amount dollar for dollar.

  • Whether principal payments on the SRS Balance reduce the outstanding related Certificate Insurer Reimbursement Amount dollar for dollar.


More Definitions of Insurer Reimbursement Amount

Insurer Reimbursement Amount means, as of any Payment Date, the sum of (i) all amounts previously paid by MBIA under the MBIA Policy which have not previously been reimbursed, (ii) all other amounts due to MBIA under the Insurance Agreement, other than the insurance premium and (iii) interest on the foregoing at the Late Payment Rate (as defined in the Insurance Agreement.)
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Insurer Reimbursement Amount. At any time, an amount owed to the Securities Insurer for any unreimbursed Insured Payments made under the Guaranty Policy and any other amounts then owing to the Securities Insurer under the Insurance Agreement, which have not previously been reimbursed, in each case together with interest thereon at the rate specified in the Insurance Agreement.] Securityholder: Any Noteholder or Certificateholder. Series or Series 200__-__: _____________ Home Loan Asset Backed Notes, Series 200__-__. [Servicer: One or more servicers that enter into a Servicing Agreement with the Master Servicer, which initially will be_______________________, a _____________________ ________________________ _______________ for an interim period, and thereafter will be ___________________, a __________ corporation.]
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Insurer Reimbursement Amount. The aggregate amount of the reimbursements that an Insurer is entitled to receive pursuant to the related Insurance Agreement and the related Insurance Policy.
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Insurer Reimbursement Amount. As of any Distribution Date, the amount of all payments made by the Certificate Insurer pursuant to the Certificate Insurance Policy which have not been previously repaid, with interest thereon at the applicable Pass-Through Rate, plus all costs and expenses incurred by the Certificate Insurer in connection with any actions, suits or proceedings with respect to the Certificate Insurance Policy that have been certified by the Certificate Insurer to the Servicer, with interest thereon at the applicable Pass-Through Rate.
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Related to Insurer Reimbursement Amount

  • Reimbursement Amount As defined in Section 2.04.

  • Advance Reimbursement Amount has the meaning stated in Section 4.4(b) of the Servicing Supplement.

  • Advance Reimbursement Amounts As defined in Section 3.29 hereof.

  • Capitalization Reimbursement Amount As to any Distribution Date, the amount of Advances or Servicing Advances that were added to the Stated Principal Balance of the related Mortgage Loans during the prior calendar month and reimbursed to the Master Servicer or Subservicer on or prior to such Distribution Date pursuant to Section 3.10(a)(vii), plus the Capitalization Reimbursement Shortfall Amount remaining unreimbursed from any prior Distribution Date and reimbursed to the Master Servicer or Subservicer on or prior to such Distribution Date.

  • Workout-Delayed Reimbursement Amounts With respect to any Mortgage Loan or Serviced Loan Combination, the amount of any Advance made with respect to such Mortgage Loan or Serviced Loan Combination on or before the date such Mortgage Loan or Serviced Loan Combination becomes (or, but for the making of three monthly payments under its modified terms, would then constitute) a Corrected Loan, together with (to the extent accrued and unpaid) interest on such Advances, to the extent that (i) such Advance is not reimbursed to the Person who made such Advance on or before the date, if any, on which such Mortgage Loan or Serviced Loan Combination becomes a Corrected Loan and (ii) the amount of such Advance becomes a future obligation of the Mortgagor to pay under the terms of modified Loan Documents. That any amount constitutes all or a portion of any Workout-Delayed Reimbursement Amount shall not in any manner limit the right of any Person hereunder to determine in the future that such amount instead constitutes a Nonrecoverable Advance.

  • Reimbursement Amounts As defined in Section 3.22.

  • Reduction Amount has the meaning set forth in Section 2.05(b)(viii).

  • Maximum Contribution Amount shall equal the excess of (i) the aggregate proceeds received by such Holder pursuant to the sale of such Registrable Notes or Exchange Notes over (ii) the aggregate amount of damages that such Holder has otherwise been required to pay by reason of such untrue or alleged untrue statement or omission or alleged omission. No person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any Person who was not guilty of such fraudulent misrepresentation. The Holders’ obligations to contribute pursuant to this Section 8(d) are several in proportion to the respective principal amount of the Registrable Securities held by each Holder hereunder and not joint. The Company’s and Subsidiary Guarantors’ obligations to contribute pursuant to this Section 8(d) are joint and several. The indemnity and contribution agreements contained in this Section 8 are in addition to any liability that the Indemnifying Parties may have to the Indemnified Parties.

  • Minimum Disbursement Amount means Twenty-Five Thousand and No/100 Dollars ($25,000).

  • Servicing Advance Reimbursement Amounts As defined in Section 3.22.

  • Overcollateralization Reduction Amount With respect to any Distribution Date on which the Excess Overcollateralization Amount is, after taking into account all other distributions to be made on such Distribution Date, greater than zero, the Overcollateralization Reduction Amount shall be equal to the lesser of (i) the Excess Overcollateralization Amount for that Distribution Date and (ii) the Principal Remittance Amount on such Distribution Date.

  • Insurance Amount has the meaning set forth in Section 6.08(c).

  • Amortization Amount shall have the meaning provided in Section 5.2(c).

  • maximum council tax reduction amount means the amount determined in accordance with paragraph 29;

  • Appraisal Reduction Amount shall have the meaning assigned to such term in the Servicing Agreement or such other analogous term used in the Servicing Agreement.

  • Special Reimbursement Date means, the special payment date established in connection with a Reimbursement under Special Circumstances as described hereunder “Extraordinary Events and Special Circumstances – Reimbursement Under Special Circumstances and Payment”.

  • Excess Overcollateralization Amount With respect to any Distribution Date, the excess, if any, of (a) the Overcollateralization Amount on such Distribution Date over (b) the Required Overcollateralization Amount for such Distribution Date.

  • Gross advance amount means the sum payable to the payee or for the payee's account as consideration for a transfer of structured settlement payment rights before any reductions for transfer expenses or other deductions to be made from such consideration.

  • Calculation Amount means the amount specified as such on the face of any Note, or if no such amount is so specified, the Denomination Amount of such Note as shown on the face thereof;

  • Overcollateralization Amount With respect to any Distribution Date, the excess, if any, of (a) the aggregate Stated Principal Balance of the Mortgage Loans before giving effect to distributions of principal to be made on such Distribution Date over (b) the aggregate Certificate Principal Balance of the Class A Certificates and Class M Certificates immediately prior to such date.

  • FX Reduction Amount is defined in Section 2.1.3.

  • Yield Maintenance Amount means, with respect to any Note, an amount equal to the excess, if any, of the Discounted Value of the Called Principal of such Note over the sum of (i) such Called Principal plus (ii) interest accrued thereon as of (including interest due on) the Settlement Date with respect to such Called Principal. The Yield-Maintenance Amount shall in no event be less than zero.

  • Maturity Payment Amount shall have the meaning set forth in Section 2 of this Annex A.